Tuesday, 30 July 2013

The
report, based on the extensive research study of the process automation and
instrumentation market, is aimed at identifying the entire market of processautomation, specifically, the technology, hardware, software, services and the
communication protocol.The market report also covers the field instruments used
in the process industries. The report covers the overall market and sub-segment
markets through extensively detailed classifications.

The global
process automation market revenue is expected to grow from $86.07 billion in
2012, to $124.29 billion in 2018, at an estimated CAGR of 6.05% from 2013 to
2018. Also, the instrumentation market is expected to grow from $26.50 billion
in 2012, to $36.71 billion in 2018, with a CAGR of 5.07%.

The report
classifies the market on the basis of different types of technology,
communication protocols, transmitters and other field instruments, applications
and geographical analysis, forecasting revenue, and analyzing trends. On the
basis of technology, the market is covered by the production control system,
which is further divided into SCADA, PLC, MES, DCS and others.

The need
for the process automation has fundamentally arisen from- the urge for highproductivity, less down time, improved product quality, lesser energy cost,
enhanced safety and many other factors. The major manufacturing industries like
drug and pharmaceutical, food, tobacco and beverages, and the likes fall under
the credentials of Good Manufacturing Practices (GMP), which are deemed to
ingrain the guidelines for the automation processes. Process automation
promotes energy efficient solutions, which are leading to sustainablemanufacturing.

The
application market is classified based on the industry application segments
like chemical manufacturing, water and waste water treatment, pharmaceutical,
energy & utilities, food & beverages manufacturing, metals, minerals
and mining, oil and gas extraction, marine, turbo-charging, and a few others.
The market trends and future projections for these applications are discussed
comprehensively.

Within the
communication protocols, the market report covers wired and wireless
communication protocols in the process industry environment. The wired
communication protocols include the major protocols like standard analog, 40mA
HART, Profibus, foundation fieldbus and MODBUS. On the other hand, wireless
communication protocols include WirelessHART and ISA100.

On the
basis of geography- America, Europe, Asia-Pacific and ROW markets are covered
extensively. Each geographical region is further divided by either country
level or by major sub-regions, most relevant to the market. It also provides
market tables for covering the sub-segments. In addition, the report provides
24 extensive company profiles covering all the sub-segments.

The major
segments for process automation include technology, hardware component market,
the standalone software market, and the service industry for processes. These
segmentsare further drilled down to smaller sub-segments, for example: –
services market is further segmented into asset management, external
engineering, consulting services, and a few others.

The
process instrumentation market is segmented into the major types of instruments
used in the process industry. Flow, temperature, level and pressure
transmitters, and the control valves are the instruments covered in this
report.

- Extensive
qualitative analysis of the process automation and instrumentation market.
Porter’s Five Force analysis to understand the market opportunities for
potential new entrants and the current players.

- Burning
issues and opportunities with respect to process automation and instrumentation
market

- Analysis
of different process automation technologies, software, and services

- Analysis
of different process instrumentation products

- Analysis
of geographic trends of the market

- Analysis
of different applicationsof the market

- Key
trends shaping and influencing the market

- Identification
of segments with high growth potential

- Region-specific
developments and peculiarities

- Identifying
the key growth strategies for companies in the process automation and
instrumentation market